AI at least provides a clear product that can be a helpful workforce multiplier, whereas Bitcoin provided an unprotected alternative to traditional markets with none of the safeguards nor legal precedents of traditional markets, so it’s only led to illegal activities piled upon illegal activities
Worse than Bitcoin miners, AI seems to have the wholethroated support of capital (rather than a single faction), who see it as the next big form of automation
Running those datacenters is extremely expensive.
The cost is to the whole world, because they consume enormous amounts of energy and produce essentially nothing. Like bitcoin miners.
AI at least provides a clear product that can be a helpful workforce multiplier, whereas Bitcoin provided an unprotected alternative to traditional markets with none of the safeguards nor legal precedents of traditional markets, so it’s only led to illegal activities piled upon illegal activities
Worse than Bitcoin miners, AI seems to have the wholethroated support of capital (rather than a single faction), who see it as the next big form of automation